Monthly Program Fees definition

Monthly Program Fees means for any Distribution Date the aggregate Facility Fee and Program Fee payable to the Managing Agents under Section 2.03(c) of the Note Purchase Agreement.
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Monthly Program Fees has the meaning set forth in Section 6.
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Monthly Program Fees as defined in the Indenture and shall be due and payable on each Distribution Date pursuant to Section 9.04 of the Indenture.
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Examples of Monthly Program Fees in a sentence

  • If any interest is earned on unused Monthly Program Fees, we will use the interest before using the principal.

  • There will be an annual adjustment within ninety (90) days after the end of each operating year so that the total Monthly Royalty Fees and Monthly Program Fees paid annually will be the same as the amounts determined by audit.

  • We may create any programs and allocate monies derived from Monthly Program Fees to any regions or localities, as we consider appropriate in our sole judgment.

  • You acknowledge that Monthly Program Fees are intended for the benefit of the System, and will not simply be used to promote or benefit any one property or market.

  • Monthly Program Fees are due in full before midnight on the second business day of each applicable month (“Payment Due Date”).

  • The aggregate of Monthly Program Fees paid to us by System hotels does not constitute a trust or “advertising fund” and we are not a fiduciary with respect to the Monthly Program Fees paid by you and other System hotels.

  • The aggregate of Monthly Program Fees paid to us by System Hotels does not constitute a trust or “advertising fund” and we are not a fiduciary with respect to the Monthly Program Fees paid by you and other System Hotels.

  • These Monthly Program Fees do not cover the cost of operating the Hotel in accordance with the Standards.

  • Libre will typically ▇▇▇▇ the Detainee for Monthly Program Fees first (assuming they executed an agreement with Libre) and will only ▇▇▇▇ You if the Detainee fails to make any such payment by the end of the calendar month of the applicable Payment Due Date.

  • The Termination Fee is intended to compensate us only for the value lost in Monthly Royalty Fees and Monthly Program Fees as a result of the early termination of the Agreement, and you agree that you remain liable for all other obligations and claims under the Agreement, including obligations following termination under Subparagraphs 5.c., 5.d., 8.c., 14.d. and Paragraph 9 and liabilities arising out of your breach or default.


More Definitions of Monthly Program Fees

Monthly Program Fees means, on any Payment Date, the amount of Program Fees specified in the Fee Letter as accruing during the related Accrual Period.
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Monthly Program Fees means for any Distribution Date, the fees payable to the Managing Agents under Section 2.03(c) of the Note Purchase Agreement.
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Monthly Program Fees means for any Distribution Date, the fee payable to the Administration Agent under Section 3.4 of the Note Purchase Agreement.
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Monthly Program Fees shall have the meaning set forth in the Fee Letters.
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Related to Monthly Program Fees

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Monthly Progress Report Shall have the meaning set forth in Section 13.7 (Monthly Progress Report).